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Post by redwolf on Sept 28, 2007 14:23:52 GMT -6
"American families, which spend 9.9% of their disposable income on food, are facing the fastest-rising food prices in 17 years. The consumer's cost for everything from yogurt and popcorn to breakfast cereal and fast-food french fries is climbing. In U.S. cities last month, the average retail price of a pound loaf of whole-wheat bread was up 24% from a year ago, according to the Bureau of Labor Statistics. Whole milk hit $3.807 a gallon, up 26%." money.aol.com/news/articles/_a/grocery-bills-to-soar-as-grain-prices/20070928071909990001?ncid=NWS00010000000001
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Post by jeffolie on Sept 28, 2007 14:27:40 GMT -6
The price of eggs has doubled in a year.
The lying, corrupt government CPI sucks eggs.
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Post by graybeard on Sept 29, 2007 1:19:56 GMT -6
I bought milk at McDonald's yesterday, in desperation. It's not even on the menu, and a 1/2 pint is $1, making it $16 a gallon.
GB
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Post by blueneck on Sept 29, 2007 4:53:14 GMT -6
Milk is more expensive than gasoline around here. Eggs on sale are over a buck when a year ago the regular price was 50 to 60 cents.
Food and gas costs to my family are up about 40% in my calculations, yet my pay hasn't gone up that much. And its not like we are extravagant or wasteful - driving only limited to work and other essentials - combining errands and so forth, and we clip coupons and match store ads for groceries as well. There is no "elasticity" in food and fuel costs.
Our supposed "market value based" property tax assessment went up 14%, even though market value of homes has dropped 3% in the area, somehow that just doesn't compute either
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